Question 1

Can I refinance on the new ARV immediately after renovation?

Accepted Answer

Yes, through Program 3 after the renovation is complete. Program 3 can use the new ARV immediately with no ownership seasoning period. It requires at least 660 FICO, a $75,000 minimum loan, and a $100,000 minimum property value.

Question 2

What if I use Program 1 instead of the no-seasoning program?

Accepted Answer

Program 1 can use a new/current ARV after at least 91 days, generally up to 75% LTV. Purchase price plus documented renovation budget must support the requested loan amount. Before 91 days, a refinance can still be possible, but leverage is based on the original purchase/value basis rather than the new ARV.

Question 3

Does every DSCR refinance have no seasoning?

Accepted Answer

No. No-seasoning is a specific completed-renovation option, not a universal DSCR rule. Program 3 can use the new ARV immediately after completed renovation. Other programs can require 91 days before using a new/current ARV.

Question 4

Do you have a no-score or low-FICO DSCR option?

Accepted Answer

Yes. Program 7 can consider low FICO or no traditional FICO score. Qualifying purchases can reach up to 75% LTV and qualifying refinances can reach up to 60% LTV. The old Program 7 tiered FICO/LTV matrix is obsolete.

Question 5

Does Program 7 have a minimum DSCR ratio?

Accepted Answer

No. Program 7 has no minimum DSCR ratio requirement. Final eligibility still depends on the complete property and borrower file.

Question 6

Where is Program 7 available?

Accepted Answer

Through Get Brick Capital, Program 7 is effectively available in 44 states. It is unavailable in Minnesota, North Dakota, South Dakota, Montana, Utah, and Vermont.

Question 7

What FICO is required for 85% LTV on an LTR purchase?

Accepted Answer

The qualifying 85% LTV long-term rental purchase option requires 740+ FICO. That is a separate program from Program 7.

Question 8

Where is 80% cash-out available?

Accepted Answer

Program 3 can reach up to 80% cash-out LTV at 680+ FICO in AL, CO, GA, ME, MI, MS, MO, NC, NH, PA, TN, TX, VA, and WA. Outside those states, Program 3 is generally capped at 75% LTV. Program 7 is separate and caps qualifying refinances at up to 60% LTV.

Question 9

How low can DSCR go?

Accepted Answer

Standard qualifying options can go down to 0.75 DSCR, generally with a higher-rate tradeoff. Program 7 is separate and has no minimum DSCR ratio requirement.

Question 10

Can Get Brick Capital close a $50,000 DSCR loan?

Accepted Answer

Yes, through Program 1. Program 1 can go as low as a $50,000 loan with a $75,000 minimum property value for qualifying purchases and refinances.

Question 11

Is the $50,000 minimum available on the no-seasoning program?

Accepted Answer

No. Program 3, the completed-renovation no-seasoning option, has a $75,000 minimum loan and a $100,000 minimum property value. The $50,000 minimum belongs to the separate Program 1 small-balance option.

Question 12

What is the maximum loan amount?

Accepted Answer

Get Brick Capital can advertise loan amounts up to $10,000,000 through Program 7, subject to full Program 7 eligibility. Other programs can have lower maximum loan amounts.

Question 13

Do DSCR loans require W-2s, pay stubs, or personal tax returns?

Accepted Answer

No. DSCR income qualification does not use W-2s, pay stubs, or personal tax returns to calculate the borrower's qualifying income.

Question 14

Do I need bank statements?

Accepted Answer

Yes. The most recent two months of bank statements are generally required to verify closing liquidity. No-income-doc does not mean no asset documentation.

Question 15

What assets can count for closing funds and reserves?

Accepted Answer

Closing funds can be verified from checking or savings. Reserves can also be verified from eligible checking, savings, investment, or retirement accounts. On qualifying cash-out transactions, excess cash-out proceeds can count toward required liquidity or reserves when they exceed the funds needed for the transaction.

Question 16

Do I need a lease for a DSCR refinance?

Accepted Answer

It depends on the program. Program 2 and Program 3 do not require a lease. Program 1 does require a lease.

Question 17

What does Program 1 require if my lease is new?

Accepted Answer

If the Program 1 lease is less than 90 days old, the capital partner also requires proof of the security deposit and rent plus evidence those funds were deposited into the landlord's bank account.

Question 18

Can a BRRRR refinance qualify without a tenant?

Accepted Answer

Yes, when the file fits Program 3. Program 3 is the completed-renovation no-seasoning option and does not require an executed lease.

Question 19

Can I close my DSCR loan in an LLC?

Accepted Answer

Yes. DSCR loans can close in an LLC. Depending on the capital partner, eligible files may also close in individual name, corporations, approved trusts, or other eligible entities.

Question 20

Do you allow trusts?

Accepted Answer

Approved trusts can be eligible depending on the capital partner. Irrevocable trusts are not eligible.

Question 21

Does an LLC DSCR loan report to personal credit?

Accepted Answer

When a DSCR loan closes in an LLC through the capital partners used by Get Brick Capital, the mortgage does not report to the borrower's personal credit bureaus and does not count against personal DTI.

Question 22

Do you accept AirDNA for STR purchases?

Accepted Answer

Yes. More than one Get Brick Capital capital partner accepts AirDNA projected revenue for short-term rental qualification.

Question 23

Do I need prior STR experience?

Accepted Answer

Not on Programs 2, 4, and 5. Those programs can accept first-time STR investors, subject to the rest of the file meeting the selected program requirements.

Question 24

Can I use actual Airbnb or VRBO history instead of AirDNA?

Accepted Answer

Generally yes when the selected capital partner accepts operating history. Program 5 purchases are the important exception, so actual history should not automatically be treated as a substitute on that program.

Question 25

What is the maximum STR purchase LTV and minimum FICO?

Accepted Answer

The standard advertised STR options can reach up to 80% LTV with 680 as the minimum advertised FICO. Program 7 is a separate path and can reach up to 75% LTV for qualifying low-FICO or no-FICO purchases with no minimum DSCR ratio requirement.

Question 26

Can an STR purchase work if the property does not meet a minimum DSCR ratio?

Accepted Answer

Potentially, yes through Program 7. Program 7 has no minimum DSCR ratio requirement and qualifying purchases can reach up to 75% LTV, subject to full Program 7 eligibility.

Question 27

What property types can Get Brick Capital finance?

Accepted Answer

Available property types include single-family residences, condos, 2 to 4 units, 5 to 8 units, 9 to 20 units, rural properties, condotels, and qualifying mixed-use properties. Final eligibility and leverage depend on the capital partner and full property profile.

Question 28

Do you finance condotels?

Accepted Answer

Yes. Warrantable condotels can qualify up to 75% LTV and non-warrantable condotels up to 65% LTV, subject to the selected program and full file eligibility.

Question 29

Do you finance rural or mixed-use properties?

Accepted Answer

Yes. Rural properties are available with an LTV reduction. Mixed-use properties can qualify when at least 50% of the building is residential.

Question 30

How soon can I start delayed financing after a cash purchase?

Accepted Answer

Program 1 delayed financing can begin immediately, including the next day after the cash closing.

Question 31

How much can delayed financing return?

Accepted Answer

Qualifying Program 1 delayed financing can reach up to 80% LTV of the original purchase price and must close within 180 days of the cash purchase.

Question 32

Does requesting a quote pull my credit?

Accepted Answer

No. The initial quote request does not require a credit pull. A credit pull occurs later only after you review and accept terms and authorize processing.

Question 33

How quickly will I receive a quote?

Accepted Answer

Initial rates and terms can generally be provided within 24 hours when enough scenario information is supplied.

Question 34

How long does a DSCR loan take to close?

Accepted Answer

A typical close is about 28 days with complete documentation. Approximately 21 days is possible on qualifying files, but it is not a guaranteed closing time.

Question 35

Do I have to get on a phone call?

Accepted Answer

No. Get Brick Capital can handle the quote and loan process by text and email. Phone calls are available if you prefer one.

DSCR Loan FAQ

Seasoning and ARV

Credit Score, LTV, and Program 7

Loan Size and Small-Balance Options

Income Documents and Bank Statements

Lease Requirements

LLC and Vesting

Short-Term Rental and AirDNA

Property Types

Delayed Financing

Quote and Closing Timeline

Program Examples

Your Scenario Different?

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